Tether Expands South Korea Trademark Filings As Stablecoin Rules Take Shape
Tether’s latest move in South Korea goes beyond protecting a product name. The company behind the world’s largest stablecoin filed seven trademark applications with the Korea Intellectual Property Rights Information Service on May 19, covering not just its tokens but its company name, official logo, and gold-backed asset Tether Gold, known as XAUT. Related Reading: […]
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South Korea’s biggest banks are reportedly in talks with Tether and Circle to discuss potential stablecoin partnerships and distribution in the country. Four Major South Korean Financial Groups Looking Into Stablecoins As reported by YonHap, major South Korean financial groups will see their top executives meeting with Tether and Circle this week. Tether and Circle […]
South Korea’s central bank has tested purchasing NFTs with their central bank digital currency (CBDC). In this week’s newsletter, read about how trademark applications for nonfungible tokens (NFTs) and the metaverse have grown in the United States. Check out how NFT marketplace OpenSea has launched a tool that can enforce NFT royalties on-chain and how the Chinese city of Wuhan backpedaled on its NFT plans while still pursuing the growth of metaverse economies. In other news, find out how NFTs can turn passive fans into active community members. And don’t forget this week’s Nifty News....
The American retail and pharmacy corporation CVS is looking to enter the metaverse according to trademark filings registered with the United States Patent and Trademark Office (USPTO). The filings mention things like CVS Health-brand “downloadable virtual goods” and “crypto-collectibles.” CVS Trademark Filings Discuss Virtual Worlds and NFTs The drugstore giant CVS has filed a series of trademark filings with the USPTO on February 28, 2022, and the registrations were published on March 4. The CVS-Health trademark filing #97287237 discusses a number of virtual....
Tether, the company behind the world’s most widely used stablecoin, USDT, has revealed that it has frozen approximately $4.2 billion worth of its tokens tied to suspected illicit activity, with the majority of those actions taking place over the past three years. Tether Expands Crackdown On Criminal Use Of USDT Tether said that just this […]
The crypto market in Seoul may get a little clearer about who’s talking and why. According to recent reports, lawmakers in South Korea are drafting rules that would force people who give investment tips on social media to show what they own and what they are paid to promote. Related Reading: Bitcoin Vs. Quantum: Saylor […]